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Yahve Yire Group
In this Group: Miguel Angel, Jhoselyn, Elizabeth Maria, Margot, Alexis, Erika Crhysti, Bety Nilda

Update on Yahve Yire Group

The “YAHVE YIRE” group consists of young members dedicated to small businesses and providing services. Jhoselyn is 23 years old, single, and 7 months ago opened a small office supply store in her home where she works with her mother. She also works providing bookkeeping services. The loan will be used to buy a display case to expand her store and to buy useful school supplies. The group is grateful to Kiva investors for the loan. Jhoselyn is the first person on the left side.
View original language description ↓
El grupo “YAHVE YIRE” está conformado por socios jóvenes dedicados al comercio minorista y a prestar servicios. Jhoselyn tiene 23 años de edad es soltera hace unos meses implemento una pequeña librería en su vivienda en la cual trabaja con el apoyo de su mama. Y a la vez presta servicios cobranza. El crédito lo invertirá en la compra de una exhibidora para ampliar su librería y más útiles escolares. El grupo agradece a los inversionistas KIVA por el crédito brindado. Jhoselyn es la primera del lado izquierdo.

Previous Loan Details

The “YAHVE YIRE” group is made up of young members who want to improve their quality of life. Alexis is 18 years old and is not married. 4 years ago he started up an internet cafe and a small bookshop. His main customers are his friends and acquaintances. Alexis will invest his loan by buying… More from Yahve Yire Group's previous loan »

Additional Information

About EDAPROSPO

EDAPROSPO seeks to use micro-credit to foster productive commercial activity for the sake of economic and social development within vulnerable urban and rural sectors traditionally neglected by commercial banks. By offering innovative products such as technical education loans and microfinance groups for young people, EDAPROSPO helps disadvantaged Peruvians lift themselves out of poverty.

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Peru

  • $6,715
    Average annual income
  • 68
    View loans »
    Peru Loans Fundraising
  • $53,916,525
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Yahve Yire Group's $2,775 loan helped a member to buy a display case and school supplies.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 13, 2014
Listed
Aug 21, 2014
Currency Exchange Loss:
Possible
Ended:
Feb 17, 2015